dmg events has announced the launch of a new trade show, Windows, Doors and Façades Event, to be held from September 19 to 21, 2016 at the Dubai World Trade Centre.
The Show leverages on the strong demand for the niche market driven by the Middle East’s burgeoning construction sector, which is expected to grow by around 7% annually from 2016 to 2020.
Demand for windows and doors in the GCC market reached US$5 billion in 2014, accounting for around 3.5% of the global total. The global windows and doors industry currently worth US$175 billion is expected to rise by 5.9% to reach US$ 233 billion by 2019, strengthening the demand from the region’s construction sector.
Said Nathan Waugh, Portfolio Director – Construction Division, dmg events, “Windows, Doors and Façades is a lucrative niche segment in the fast expanding Middle East construction sector. We decided to launch this event as an independent event, as it showed a strong demand at The Big 5 Dubai 2014 with 2,000m2 of exhibition space, and great potential for growth. The need for windows and doors will continue to remain high in the region with the construction of new buildings and repair and renovation of existing ones. Moreover, with the growing emphasis on environmental and energy ratings, safety requirements, and climatic considerations, the windows and doors market has created an important niche in the GCC construction market.”
The demand for windows in the GCC is estimated to be US$ 4.6 billion in 2015, growing at a CAGR of 4.4% between 2010 and 2015. Likewise, the regional market for doors grew at a CAGR of 4.4% from 2010 to 2015 to reach US$1.15 billion.
“Within the region, the Kingdom of Saudi Arabia accounts for just over half and the UAE represents a quarter of the demand, spread across new buildings, repairs and retrofits. The time is right to launch a dedicated event in the form of Windows, Doors and Façades Event 2016 to tap the remarkable potential of this segment by throwing the spotlight on all product sectors within the industry, including accessories, machinery and components,” Waugh concluded.
Windows, Doors and Façades Event 2016 targets professionals from the building and construction sector, including architects and interior designers; builders and developers; dealers and distributors; door, façade and window contractors; glass and metal contractors; door, gate and window manufacturers; fabricators; facility managers; façade consultants; investors; and wholesalers.
Source: dmg events/ Edited by Panels & Furniture Asia